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Correlation Analysis

Tesla, Inc. Common Stock vs Morgan Stanley

TSLA vs MS

+0.779

Strong positive

When one moves up, the other tends to follow.

TSLA logo

Tesla, Inc. Common Stock

TSLA

Tesla is a vertically integrated battery electric vehicle automaker and developer of real world artificial intelligence software, which includes autonomous driving and humanoid robots. The company has multiple vehicles in its fleet, which include luxury and midsize sedans, crossover SUVs, a light truck, and a semi truck. Tesla also plans to begin selling a sports car and offer a robotaxi service. Global deliveries in 2025 were nearly 1.64 million vehicles. The company sells batteries for stationary storage for residential and commercial properties including utilities and solar panels and solar roofs for energy generation. Tesla also owns a fast-charging network and an auto insurance business.

Market cap 1.3T

MS logo

Morgan Stanley

MS

Morgan Stanley is a massive global financial services firm, with offices in 42 countries and more than 82,000 employees as of year-end 2025. The firm cut its teeth in investment banking and institutional trading, where it maintains a strong presence today, but generates the lion share of its income from wealth and asset management franchises, where it boasted $9.3 trillion in client assets at the end of its most recent fiscal year. After reincorporation as a bank holding company in the wake of the global financial crisis, Morgan Stanley also boasts a top 10 banking franchise by deposits, with more than $400 billion in customer deposits, predominately attributable to cash sweeps from its wealth management and brokerage businesses.

Market cap 263.4B · 83,000 employees

Apr 9, 2021 — Apr 7, 2026Daily1,254 observationsStockStockConsumerFinancials

Who Moves First

in sync

TSLA and MS tend to move at the same time.

Best correlation after shifting: +0.779 (13 shifts scanned)

Do They Crash Together?

Correlation by Market Regime

How these series behave when markets are rising, falling, or diverging. A correlation that holds in drawdowns is very different from one that only works in rallies.

Both Rising

-0.055

16 periods · Return correlation when both series rose

Both Falling

+0.544

8 periods · Return correlation when both series fell

Diverging

-0.597

11 periods · Return correlation when series moved apart

R-Squared

60.7%

Share of variance in one series explained by the other.

Trend Agreement

60.1%

How often both series moved in the same direction period-to-period.

Overlap Quality

1,254

Deep shared window — 1,254 usable pairs.

Significance

p < 0.001

95% CI: [0.756, 0.800]

Time Series

Rebased to 100

Green: TSLAGray: MS36 of 1,254 points (sampled)

Scatter

XY Regression

11020030040050050962.180100120140160180185.5Tesla, Inc. Common StockMorgan StanleyData pointsFit (r = 0.779)

Pipeline

Data quality details

Pipeline Summary

1,254 paired observations survived the daily window.

Raw input

1,254

1,254

Normalized

1,254

1,254

Prepared

1,254

1,254

Aligned

1,254

1,254

Invalid removed

0

A: 0 / B: 0

Duplicates removed

0

A: 0 / B: 0

Alignment drops

0

A: 0 / B: 0

Series A

TSLA logo

Tesla, Inc. Common Stock

TSLA

Market cap 1.3T

Stock · 1,254 raw → 1,254 prepared

Series B

MS logo

Morgan Stanley

MS

Market cap 263.4B · 83,000 employees

Stock · 1,254 raw → 1,254 prepared

Sign agreement

100.0%

How often both values share the same sign.

Zero crossings

61

Estimated crossover points between normalized spreads.

Slope

0.2658

Linear regression slope.

Intercept

33.7135

Linear regression intercept.

Related Extremes

Highest and Lowest Correlated

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